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Jeff Bezos Is Now the World's Second Richest Person (bloomberg.com)
An anonymous reader quotes a report from Bloomberg: Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world's second-richest person. Bezos, 53, added $1.5 billion to his fortune as Amazon.com Inc. rose $18.32 on Wednesday, the day after the e-commerce giant said it plans to buy Dubai-based online retailer Souq.com. Bezos has a net worth of $75.6 billion on the Bloomberg Billionaires Index, $700 million more than Berkshire Hathaway Inc.'s Buffett and $1.3 billion above Ortega, the founder of Inditex S.A. and Europe's richest person. Amazon's founder has added $10.2 billion this year to his wealth and $7 billion since the global equities rally began following the election of Donald Trump as U.S. president on Nov. 8. The rise is the third biggest on the Bloomberg index in 2017, after Chinese parcel-delivery billionaire Wang Wei's $18.4 billion gain and an $11.4 billion rise for Facebook Inc. founder Mark Zuckerberg.
Why should I care?
Okay. He has a lot of money and owns something that's considered valuable. Good for him.
Do not look into laser with remaining eye.
Bow down to greatness
He better cash out. Alibaba makes Amazon look like a corner market. Buying Souq.com and making Kindles won't change that.
AND SO WHAT???
Unfortunately I will be dead before I see the fall of capitalism and this kind of inequalities
Several of us internet people have his e-mails and we know his cowardly acts committed in violation of the law.
And if he doesn't answer our questions, we'll ruin his ass with the lawsuit.
~I kicked EA's ass in court, Bezos is next with the way he treats employees. I have ten former workers on my side to testify.
Still waiting on Serviscope_minor to wake up to fucking reality and realize that Jessica Price isn't going to fuck him.
Jeff Bezos is a Faggot Dr. Evil. He also owns a blog.
Elon Musk is still going to beat him to Mars. ;)
Anons need not reply. Questions end with a question mark.
Putin owns SEVERAL countries. More on the way.
I read somewhere that Putin is worth something like $200 Billion.
I wouldn't say he owns the USA, he just gets to appoint the president.
I thought Amazon was reinvesting all profits back into the business...
jeff: "thank you prime users"
That's the rumor. But so was Qaddafi and he died in the street, shot & skewered, like a duck
Pain is merely failure leaving the body
I wouldn't say he owns the USA, he just gets to appoint the president.
Pity he didn't pick one who speaks better English than he
Pain is merely failure leaving the body
This statement is a lie, pushed by Trump supporters:
"Amazon's founder has added $10.2 billion this year to his wealth and $7 billion since the global equities rally began following the election of Donald Trump as U.S. president on Nov. 8."
The equities rally began on November 7th, the day before the election and the Monday after a two day Federal Reserve meeting on November 1-2nd.
https://www.federalreserve.gov...
During the Fed meeting, stronger language was made to suggest interest rate hikes coming in the future.
You will notice if you look at the markets, the Dow lept more on the Monday than the Tuesday of the election and Wednesday after the election. The climb of the stock market is nothing to do with politics and everything to do with the fact the markets had been waiting in a holding pattern for confirmation of rate changes for months prior.
Bill Gates is still enjoying the #1 position.
"Nine times out of ten, starting a fire is not the best way to solve the problem." - my wife
This is his overall wealth, not his income, and it has nothing to do with Amazon's profit. This is largely based on the amount of stock he owns and the current value of that stock. Same for Bill Gates.
According to his own claims, his income *doubled* between his two election filings, and his wealth shot up to over $10 billion. So by now he's surely the richest man in America!
Trump Presidency is such a success that even his own wealth jumps up(*) as a result of the country selecting him by the biggest margin ever, as witnessed by all those billions who attended his inauguration.
(*) Disclaimer, this is a Trump number and in no way reflect reality, which is negative equitiy > $1 billion, onion layered debt from multiple creditors, each creditor unaware of the other creditors. EVERY development project from Trump borrows more than it spends on the development, which means he's using borrowed capital to pay expenses, since he has no cash.
He is a liar who simply doubled-down on a lie and the election filings were double because the lie needs to be twice as big.
I don't see him funding nuclear fusion, electric cars, or alternative energy so as far as I'm concerned he's a piece of garbage. At least Musk is trying to make the world a better place. Bezos is just a monopolist trying to build an empire.
Hard to tell if this is parody or not. On the one hand, it's so over the top it has to be parody. On the other hand, this might just be a natural progression of ridiculous.
But above Kim Jong Un. ... both have a space program, and both run gulags.
Perhaps he can afford to treat his employees like valuable humans now
Both Bezos and Musk plan to send up men in 2018. But Bezos will probably get FAA certification first due to perfect launch safety record. Virgin Galactic is way under-capitalized like NASA.